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Licensed villa in Binixica
Sant Climent-Es Canutells, Spain, 0771
REF: 899595
€565,000
Description
Detached villa renovated in 2023 with pool and large garden in Binixica, Menorca This completely renovated villa, located in a quiet residential area of Binixica, is located just 10 minutes from Mah n, on a generous plot of 1,000 m that includes a tourist license. The extensive outdoor space stands out for its low-maintenance Mediterranean garden, which surrounds the entire house, and a south-facing swimming pool, ideal for enjoying the sun throughout the day. The property also has a large parking area with automatic gate access, and several outdoor seating areas. The villa is distributed over two floors. On the ground floor is the main house, while on the upper floor there is a separate flat with a private entrance, ideal for guests, consisting of a bedroom and a bathroom. The main house offers 3 bedrooms, 2 bathrooms (one en suite), an entrance hall that leads to a cosy living room, a spacious living-dining room with electric fireplace and direct access to the garden, as well as a brand new kitchen. Both the bathrooms and the facilities of the property have been completely renovated, offering modern comfort with hot/cold air conditioning, exterior insulation and new electrical and plumbing installations. This property is in immaculate condition, ready to move into, and has the added attraction of having a tourist license, making it an excellent investment both as a permanent home and for holiday rental. #ref:4892
Detached villa renovated in 2023 with pool and large garden in Binixica, Menorca This completely renovated villa, located in a quiet residential area of Binixica, is located just 10 minutes from Mah n, on a generous plot of 1,000 m that includes a tourist license. The extensive outdoor space stands out for its low-maintenance Mediterranean garden, which surrounds the entire house, and a south-facing swimming pool, ideal for enjoying the sun throughout the day. The property also has a large parking area with automatic gate access, and several outdoor seating areas. The villa is distributed over two floors. On the ground floor is the main house, while on the upper floor there is a separate flat with a private entrance, ideal for guests, consisting of a bedroom and a bathroom. The main house offers 3 bedrooms, 2 bathrooms (one en suite), an entrance hall that leads to a cosy living room, a spacious living-dining room with electric fireplace and direct access to the garden, as well as a brand new kitchen. Both the bathrooms and the facilities of the property have been completely renovated, offering modern comfort with hot/cold air conditioning, exterior insulation and new electrical and plumbing installations. This property is in immaculate condition, ready to move into, and has the added attraction of having a tourist license, making it an excellent investment both as a permanent home and for holiday rental. #ref:4892
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Currency Exchange
Sant Climent-Es Canutells, Spain, 0771
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €565,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €565,000 | £467,995 | £485,589 | £17,594 |
| Property Price € | €565,000 |
| Minimum cost in the last six months | £467,995 |
| Maximum cost in the last six months | £485,589 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,594 |
Sant Climent-Es Canutells, Spain, 0771
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €565,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €565,000 | £467,995 | £485,589 | £17,594 |
| Property Price € | €565,000 |
| Minimum cost in the last six months | £467,995 |
| Maximum cost in the last six months | £485,589 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,594 |
The exchange rate on the day you make an offer on your property in Spain will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £17,594 more.
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